Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Bybit has launched TradeGPT (an AI-powered education tool that enhances how traders engage with the crypto market). The company has praised the offering as a response to the limitations of conventional AI, saying it provi...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, OKX is at the final stretch of its virtual asset service provider (VASP) license in Hong Kong. The exchange is expected to receive approval by March 2023. Hong Kong adopted a pro-crypto stance in 2023 but has since been c...
Cryptocoins News / Finance Magnates - 1 year ago
Regulatory issues around the world have led to the departure of several key executives from Binance, increasing the number to five. Mayur Kamat, the Global Product Lead, has stepped down after more than a year with the company. Exchange's growing reg...
Cryptocoins News / Finance Magnates - 1 year ago
Blockchain technology is primarily associated with cryptocurrencies, but its applications seem to be limitless. The London Stock Exchange Group (LSEG) has decided to tap into the potential of distributed ledger technology as it prepares to launch a n...
Cryptocoins News / Finance Magnates - 1 year ago
Robinhood has announced a share repurchase agreement worth $605.7 million with the US Marshal Service (USMS) to regain control of shares previously held by Sam Bankman-Fried's (SBF) firm, Emergent Fidelity Technologies. This move comes after a seri...
Cryptocoins News / Finance Magnates - 1 year ago
Although the cryptocurrency market has significantly developed over the past few years, the Securities and Exchange Commission (SEC) still uses the same tactics it employed almost five years ago. The institution has once again postponed its decision...
Cryptocoins News / Finance Magnates - 1 year ago
As the English Premier League (EPL) season kicks off, the US-based digital trading platform Uphold has entered into a sleeve sponsorship deal with Burnley FC. Upholdâs logo will appear on the left sleeves of Burnleyâs shirts for the 2023-24 season, a...
Cryptocoins News / Finance Magnates - 1 year ago
The financial industry is no stranger to instability and unpredictability, and recent economic turmoil has once again focused attention on Bitcoin's function in times of crisis. As traditional markets fluctuate and global events cause waves of worry,...
Cryptocoins News / Finance Magnates - 1 year ago
Are cryptocurrencies and artificial intelligence dangerous? The European Securities and Markets Authority (ESMA) believes so and suggests that the associated risk level will continue to rise. The regulator provides eight reasons to support its thesis...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has set forth a plan to gradually discontinue BUSD stablecoin support across its platforms. The exchange has asked its users who have been relying on BUSD for trading to convert their holdings into alternative assets by February of the upco...
Cryptocoins News / Finance Magnates - 1 year ago
After the high-profile collapse of the cryptocurrency exchange, FTX in November 2022, the industry began looking for solutions to assure investors that centralized trading platforms are safe. This led to the idea of creating Proof of Reserves (PoR) t...
Cryptocoins News / Finance Magnates - 1 year ago
Innovations are altering the financial environment in the rapidly expanding realm of cryptocurrency. The Lightning Network has emerged as a trailblazing solution to the scalability issues that blockchain networks, particularly Bitcoin, confront. We d...
Cryptocoins News / Finance Magnates - 1 year ago
Binance Japan has unveiled its strategy encompassing a widespread adoption of Web3 technology and a focus on stablecoins. According to an online business press briefing hosted by the company, Binance Japan plans to handle up to 100 crypto assets in t...
Cryptocoins News / Finance Magnates - 1 year ago
United States District Court judge for the Southern District of New York, Katherine Polk Failla, who is also hearing the lawsuit of the Securities and Exchange Commission (SEC) against Coinbase, has recently dismissed a class-action suit against Unis...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Binance has launched a new platform called 'Send Cash', which allows users from nine Latin American countries to send crypto funds directly to bank accounts based in Colombia and Argentina.Binance Expands Services in Lati...
Cryptocoins News / Finance Magnates - 1 year ago
Robinhood Wallet has incorporated support for Bitcoin and Dogecoin, along with introducing Ethereum swaps within its platform. This move comes after the wallet's successful global launch six months ago, garnering a widespread user base across 140 cou...
Cryptocoins News / Finance Magnates - 1 year ago
Rep. Kim Nam-kuk, the independent South Korean lawmaker facing scrutiny over his crypto holdings, has retained his seat in the countryâs National Assembly. A parliamentary ethics subcommitteeâs bipartisan vote to expel the first-time legislator ended...
Cryptocoins News / Finance Magnates - 1 year ago
The Ad Hoc Group, a group of creditors claiming approximately $2.4 billion against bankrupt digital asset lender, Genesis, has opposed the in-principle agreement reached between Digital Currency Group (DCG) and the Committee of Unsecured Creditors (U...
Cryptocoins News / Finance Magnates - 1 year ago
The social media platform X (formerly Twitter), owned by Elon Musk, has taken another step towards offering its users financial services, including cryptocurrency payments. The platform has just obtained a local license in the United States, issued b...
Cryptocoins News / Finance Magnates - 1 year ago
SEBA Hong Kong, a Swiss-based crypto-friendly bank, has received an Approval-in-Principal (AIP) from Hong Kongâs Securities and Futures Commission. The company is set to become the first group of licensed corporations in the Special Administrative Re...
Cryptocoins News / Finance Magnates - 1 year ago
Tether has turned its focus to the Bahamas-based Britannia Bank & Trust for processing dollar transfers. This step occurs as the traditional US banks cut ties with the cryptocurrency entities. In the past, Tether has faced questions regarding the...
Cryptocoins News / Finance Magnates - 1 year ago
The financial results of yet another publicly traded cryptocurrency miner showed that it is challenging to make a net profit under current market conditions. Cathedra Bitcoin Inc. (TSX: CBIT), a Toronto-based Bitcoin mining company, has disclosed its...
Cryptocoins News / Finance Magnates - 1 year ago
Robinhood Markets (Nasdaq: HOOD), a popular American commission-free broker, has quietly ended its partnership with Chicago-based Jump Trading, a big name in the traditional finance industry, for facilitating crypto transactions, Coindesk reported, c...
Cryptocoins News / Finance Magnates - 1 year ago
The US Department of Justice (DOJ) has responded to claims by the lawyers of FTX's Founder (Sam Bankman-Fried) that prosecutors are dumping âmillions of pagesâ of discovery materials or evidence on the embattled crypto entrepreneur less than six week...
Cryptocoins News / Finance Magnates - 1 year ago
Grayscale Investment, the Connecticut-based crypto asset manager, has scored a legal victory over the US Securities and Exchange Commission (SEC). Today (Tuesday), the US Court of Appeals for the District of Columbia Circuit ruled that the SECâs reje...
